Armorblox announced that it has been selected as a finalist in the Cyber Security Start-Up of the Year category for the 2019 Cyber Security Awards. The Cyber Security Awards were established in 2014 to reward the best individuals, teams and companies within the cybersecurity industry. Excellence and innovation are core themes, throughout all categories. The Cyber Security Awards team reviews the industry, looking for the best possible applicants, who are committed to moving the industry forward.
Armorblox Shortlisted for 2019 Cyber Security Award for Start-Up of the Year
Awards judge Karla Reffold said, “The competition this year is incredibly tough and diverse. This was the toughest year so far to have made the shortlist. There are so many fantastic individuals, innovative products and companies that are doing great things within cybersecurity.”
Armorblox addresses the biggest problem for today’s information security professionals: sophisticated attacks targeting employee communications, such as socially engineered Business Email Compromise (BEC) scams, phishing emails, and accidental data disclosures. According to the FBI’s Internet Crime Center (IC3) 2018 Internet Crime Report, BEC continues to grow as the most costly category of internet fraud with estimated losses hitting $1.2 billion.
“With our Natural Language Understanding (NLU) platform, we’re using the latest advances in natural language processing and deep learning to address a new layer of security that has been inaccessible to other security solutions: the content and context of textual communications,” said DJ Sampath, CEO and cofounder of Armorblox. “We are honored to be recognized for this award and for helping organizations and their employees identify attacks that other security solutions miss.”